iShares Morningstar Small-Cap Value ETF (JKL)

Investment Objective

The investment seeks to track the investment results of the Morningstar « Small Value IndexSM composed of small-capitalization U.S. equities that exhibit value characteristics.
The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by small-capitalization companies that have exhibited "value" characteristics as determined by Morningstar, Inc.'s ("Morningstar" or the "index provider") proprietary index methodology.